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Feb 4, 2013
02/13
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we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've seen at the moment is we live on the principal hope that the eurozone might grow itself or stabilize itself out of the crisis, a far cry yet for spain, but the latest refinancing operation in the various eurozone countries, including at the short end of the range for spain looks like a bit of relief. no relief in terms of the actual solving of the problems, but we'll hear none of that tonight. >> as we've learned, that's often the case with these situations. sylvia, thanks very much for that. tina fordham is still with us. from your point of view, how important is today's meeting? how important b
we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've...
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Oct 4, 2013
10/13
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ALJAZAM
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and indirectly asking for more assistance for the eu. >> reporter: sonya is live for us in lampadusa and thanks for that. somalies were some of the people who were on the boats and the journey they take to reach europe. >> there are two routes they tend to use, the main one is the relatively short hop here and what happens is people move from southern somalia and central and ethiopia and cross in the northern parts of africa and somalia and they are often carried by people smugglers crossing to yemen and cross to easte eastern europe. some go west to take care of security services in libya to try to cross there into southern europe and into italy and across into spain. what we see is increasingly well organized network of smugglers and according to the organization for migration, people smuggling is as lucrative as some of the more profitable illegal enterprises like drugs trafficking and arms trafficking. a study said between 97-99% of all african refugees trying to get into southern europe are using the services of those people smugglers. it's an incredibly well organized business
and indirectly asking for more assistance for the eu. >> reporter: sonya is live for us in lampadusa and thanks for that. somalies were some of the people who were on the boats and the journey they take to reach europe. >> there are two routes they tend to use, the main one is the relatively short hop here and what happens is people move from southern somalia and central and ethiopia and cross in the northern parts of africa and somalia and they are often carried by people smugglers...
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Jan 24, 2013
01/13
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CSPAN2
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if we leave the eu, we cannot of course leave europe. they will remain for many years our biggest market, and forever our geographical neighborhood. we are tied by a complex web of legal -- a complex web of legal commitments. hundreds of thousands of british people now take for granted the right to work, live or retire in any other eu country. even if we pulled out completely, decisions made in the eu would continue to have a profound effect on our country. but we would have lost all our remaining vetoes and our voice in those decisions. we would need to weigh up very carefully the consequences of no longer being inside the eu and its single market, as a full member. continued access to the single market is vital as i said, absolutely vital for british people and for british jobs. since 2004 britain has been the destination for one in five of all inward investment into europe and being part of the single market has been absolutely key to that achievement. now, there will be plenty of time to test all the arguments thoroughly, in favor an
if we leave the eu, we cannot of course leave europe. they will remain for many years our biggest market, and forever our geographical neighborhood. we are tied by a complex web of legal -- a complex web of legal commitments. hundreds of thousands of british people now take for granted the right to work, live or retire in any other eu country. even if we pulled out completely, decisions made in the eu would continue to have a profound effect on our country. but we would have lost all our...
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Jan 10, 2013
01/13
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delivers the message to britain saying you're special, but only special if you stay at the heart of the eu. they're under pressure to renegotiation the relationship with brussels. but the u.s. assistant secretary said such a plan would have major consequences. as chairman of the business in europe outlined on cnbc last night. >> we don't want to run the risk of trying to set the bar too high in the sense that there's some fantastic renegotiation we can have where we can cherry pick the bits we like, get rid of the bits we don't, because the chances of that happening are probably close to zero. so we don't want to see any risk in our membership. we want more reform by absolutely we do. we made that very clear in the letter. but we don't want to risk or membership because our membership is responsible for millions of jobs and underpins our future prosperity. >> so that debate is going to em. at the same time, david, you think the pound is going to come under pressure. it's a triple cocktail that's going to undermine it. what is that? >> yeah. that's the idea we had, we were talking last year
delivers the message to britain saying you're special, but only special if you stay at the heart of the eu. they're under pressure to renegotiation the relationship with brussels. but the u.s. assistant secretary said such a plan would have major consequences. as chairman of the business in europe outlined on cnbc last night. >> we don't want to run the risk of trying to set the bar too high in the sense that there's some fantastic renegotiation we can have where we can cherry pick the...
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Feb 28, 2013
02/13
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it's not automatic because it still needs be effectively signed off by eu heads of state or eu finance ministers. as it's laid out, the european parliament in conjunction has decided this is what's going to happen. it is the far restricted cap on bonuses in the banking sector anywhere in the world. >> and london can't opt out, it sounds like. >> though. >> so if this moves forward -- i don't know what other levage, at a time when the uk is talking about renegotiating its rip with the european union. this seems like one area where it comes into focus. >> and it still has to be officially signed off. but at the moment, that's what's laid out. >> i just wonder if mayor bloomberg in new york is going, yeah, go ahead, guys. guys, if you want your bonus, you can come right over here. >> they're all looking at this thinking, this is good for pus. >> the other story we're following this morning is the sequester. fitch has said it could prompt negative ratings action. not because of the sequester itself necessarily, but because of the politics and the way it was handled. head to cnbc.com to rea
it's not automatic because it still needs be effectively signed off by eu heads of state or eu finance ministers. as it's laid out, the european parliament in conjunction has decided this is what's going to happen. it is the far restricted cap on bonuses in the banking sector anywhere in the world. >> and london can't opt out, it sounds like. >> though. >> so if this moves forward -- i don't know what other levage, at a time when the uk is talking about renegotiating its rip...
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Oct 4, 2013
10/13
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ALJAZAM
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there a sense that perhaps there could be more of some kind of helper happens even from brussels and eu in order to help the people with this continuing situation they are having to face? >> we are doing the best but i think it's not an italian problem. we are the border of europe and work as europe police force and border and surveillance. the evening before the boat arrives was 180 at 9:00 p.m. and add midnight were more with a lot of women and children. >> thank you very much. of course, the opinion perhaps that this is not really a problem for the people of lampadoosa and the mayor said this is a situation which they had to deal with for years and there needs to be a larger help and european help to get concerted effort to get more humanitarian help and aid to people who are fleeing dangerous situation, conflict in africa and middle east and they come here traumatized and european wide assistance to the situation really needs to be put in practice now, steven. >> thank you for that. let's go to mogudishu and peter. peter, they estimate about 30,000 have made the periless journey to
there a sense that perhaps there could be more of some kind of helper happens even from brussels and eu in order to help the people with this continuing situation they are having to face? >> we are doing the best but i think it's not an italian problem. we are the border of europe and work as europe police force and border and surveillance. the evening before the boat arrives was 180 at 9:00 p.m. and add midnight were more with a lot of women and children. >> thank you very much. of...
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Feb 7, 2013
02/13
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mark carney to sit down in his chair and begin that testimony, jean-claude junker says he expects the eu to real a deep on the budget today. juncker said the last of an agreement would be disastrous for the region. julia is in brussels. julia, are we going to get a budget? mr. cameron has said, look, i don't want it frozen, i want it cut. so what's going to happen? >> well, we're moving in the direction of cuts. i think the positive news is that if you compare what we were talking about in november, we've cut around 80 billion euros from the 1 trillion euro target that they were looking at back in november. so we are moving in the right direction, but with regard to the decision today, i think if you've been listening to angela merkel to david cameron himself and francois hollande this week, the indication is that perhaps we shouldn't be as optimistic as jean-claude juncker would have us believe, but someone has to fly the flag for europe and we like our posturing in europe. overall, what rewe looking at? germany, the uk, the nordic european countries are fighting for cuts, real term cut
mark carney to sit down in his chair and begin that testimony, jean-claude junker says he expects the eu to real a deep on the budget today. juncker said the last of an agreement would be disastrous for the region. julia is in brussels. julia, are we going to get a budget? mr. cameron has said, look, i don't want it frozen, i want it cut. so what's going to happen? >> well, we're moving in the direction of cuts. i think the positive news is that if you compare what we were talking about...
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Nov 18, 2013
11/13
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KCSM
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some of the confession like you and your cool three full the thing which form a band leading the pro eu. tools for working for employing the kiddos make agreement the inquiry and the social democrats couldn't make any progress on to a nationality what the democrats want something to me for choosing to keep that to admit that it might well want to do it in pa people who want them to devote to it. two thirty and the new party for the rest of the form of factual matter each which is great but don't let them affect. ever been and you will but scientists agree to form a coalition that how would this new coalition impact of miracles policies over the next five years. well i'm really good people poke them to be noted that despite a national coalition of whom become part of the faith that the moment molding report which says that the new grand coalition bombing to choose to take off and buy the equipment. one being the coach of the negotiations we can in fact local garden party the floor ready to go somewhere that people can have fun filled two of them of that. so what does the government to go
some of the confession like you and your cool three full the thing which form a band leading the pro eu. tools for working for employing the kiddos make agreement the inquiry and the social democrats couldn't make any progress on to a nationality what the democrats want something to me for choosing to keep that to admit that it might well want to do it in pa people who want them to devote to it. two thirty and the new party for the rest of the form of factual matter each which is great but...
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Feb 12, 2013
02/13
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the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea related tensions and developments, geopolitical issues like this have had impact on the korean market. so that explains the absence of such strong reaction on the stock market. but the latest that we have on this development is that we have china's reaction to north korea's nuclear tests, as well. china's foreign ministry statement goes that it is china's firm stance to realize nonnuclearization for the korean peninsula and prevent a nuclear proliferation and maintain peace and stability in northeast asia. remember, china is north korea's probably one and only ally and that it's been p
the eu secured council called an emergency meeting. chery joins us now from seoul. can you tell us first of all what the general reaction has been there and a lot bit about the impact of the economy. we're watching, for example, the south korea and won take a hit this morning. >> well within not much of a reaction on the kospi. it did end down just about 0.26% here. but i wouldn't say it's a big tumble and it is korean won gained. i think by now investors have learned that north korea...
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Feb 22, 2013
02/13
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we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back markets in italy. hans, as we edge closer to that event, polls open sunday and they close on monday. we've seen the two-day sell off. is it related to the outcome here? >> well, i think the italian election has had an impact on market performance for the past few weeks. i guess that markets became much more cautious in investing in the debt market in italy and maybe as well as the debt market in spain, the cause of the potential inflation risk here. now, if we are getting an election result which markets may like, then the very clear majority left and under those circums
we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back...
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Mar 25, 2013
03/13
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. >> that has led somebody to say that cyprus may be the first country thrown out of the the eu euro. >> guys, i was going say, we're focused on the last three days and certainly today what is going on in cyprus. it's easy to lose sight of the fact that this quarter has been one of the best quarters we have seen for u.s. equities in years and years and years. >> a record level. doing more with less. will that continue? i want to see what they're up against. >> that's going to run right into the debt ceiling? how's the market going to react? >> really coming back and having about half of the earlier losses. that will do it for power lunch. >> we will see how it goes. "street signs" begins right now. >> and welcome to street signs. we started the die and we thought we might see a new high. what is behind today's reversal and what will it take to breakthrough to new highs? the company bringing on its founders. so is this the best move for best buy? plus it's all about accessories right? the ceo joins us the dough is, as you can see now down. but definitely off the lows for the day. the s
. >> that has led somebody to say that cyprus may be the first country thrown out of the the eu euro. >> guys, i was going say, we're focused on the last three days and certainly today what is going on in cyprus. it's easy to lose sight of the fact that this quarter has been one of the best quarters we have seen for u.s. equities in years and years and years. >> a record level. doing more with less. will that continue? i want to see what they're up against. >> that's...
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Feb 8, 2013
02/13
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CNBC
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the eu budgets, 1% more, 1% less. i think what does matter is that they take home a victory from brussels saying we have austerity here. it gets them a few points in the uk prep. but beyond that, i'm not quite sure how much impact it will have on the european economy. >> okay. stay there. julia is ready, as well. julia, is this a victory for the british prime minister? >> well, it's interesting, isn't it? if we get an eu budget of 960 billion euros, then yes, it's a long-term cut. arguably, we can walk away and say we got what we asked for. the question is what happens with the eu contributions? do we still walk away with our rebates, too? we are starting to see information filtering through now. the italians on a growth income national basis, they're the highest contributors. they're probably happy with the latest contribution. the dutch are set to lose a third of their rebate. so the question is, in this tit for tat world that we have here in brussels, what would appease them? they have been arguing for cuts to the
the eu budgets, 1% more, 1% less. i think what does matter is that they take home a victory from brussels saying we have austerity here. it gets them a few points in the uk prep. but beyond that, i'm not quite sure how much impact it will have on the european economy. >> okay. stay there. julia is ready, as well. julia, is this a victory for the british prime minister? >> well, it's interesting, isn't it? if we get an eu budget of 960 billion euros, then yes, it's a long-term cut....
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Feb 1, 2013
02/13
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. >>> a bit of news out from google concerning the eu. it is now analyzing google proposals. no word on when they may finish analyzing it. >>> goombling, casinos took in $3.4 billion, up 7% from a year ago. but below forecasts of 10% to 12% growth. analysts attribute the low numbers to the traditional lull before the new year. this is all in macau, of course. these vip gamblers have scaled back their betts last year because of the uncertain economic outlook and the clampdown on corruption. in the auto world, toyota says its china sales are looking up. the world's largest carmaker sold more than 72,000 vehicles in china in january. that's up 24% from a year ago. it was toyota's first year on year growth since june 2012 in the country. anti-japanese sentiment has been hurting sales in china. but on the domestic front, toyota sales slipped 15% in january as government incentives expired. honda suffered an even steeper 53% drop. and staying with japan, we're seeing a couple of old school japanese electronics. toshiko has the story for us. >> hi, ross. struggling japanese electron
. >>> a bit of news out from google concerning the eu. it is now analyzing google proposals. no word on when they may finish analyzing it. >>> goombling, casinos took in $3.4 billion, up 7% from a year ago. but below forecasts of 10% to 12% growth. analysts attribute the low numbers to the traditional lull before the new year. this is all in macau, of course. these vip gamblers have scaled back their betts last year because of the uncertain economic outlook and the clampdown...
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Mar 19, 2013
03/13
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>> if the eu allows cyprus to go bankrupt. remember, there are some major oil finds in the area there. nobel energy is currently and has developed drilling wells there as well as a second tranche. the you start to defy the underlying credibility of the country and allow it to go bankrupt, who knows what aspect this will have on the american economy. if you look at it, europe has been lagging behind the u.s. and we've been very very proactive as a government in our money sectors, europe has not. doing what they're doing now, unprecedented, contrary to all aspects of the law, is going to create, i think, a dislocation that no one can predict. >> well, we're all connected. that's the bottom line. peter, good to have you on the program. >> thanks very much for your time. >> thanks very much for joining us. >>> it is about time. samsung tossing its hat into the smart watch ring, to keep up with rival apple. regardless of who gets to the market first, will consumers latch on to a smartphone watch? and later, what do professional foo
>> if the eu allows cyprus to go bankrupt. remember, there are some major oil finds in the area there. nobel energy is currently and has developed drilling wells there as well as a second tranche. the you start to defy the underlying credibility of the country and allow it to go bankrupt, who knows what aspect this will have on the american economy. if you look at it, europe has been lagging behind the u.s. and we've been very very proactive as a government in our money sectors, europe...
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Dec 9, 2013
12/13
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BLOOMBERG
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what kind of reforms eu imagine the president is talking about he phrases the way it as self-restraint will not be enough. the nsa artie has privacy rules that it violates on a regular basis. it cannot be trusted to police itself. thing that wetant hope will be endorsed is fundamentally changing the statute, the rules so they can no longer collect information on everyday americans and innocent people are not -- who are not suspected of doing anything wrong. government and nsa truly protect us is everything it's -- is transparent? >> no one is calling for them to name terrorist targets or explain who they are spying on. explainst asking they the very different parameters. release the underpinnings. it is crazy in the united states we have a secret court making interpretations about the constitution. there is a lot of information we can make public that will not tip off the bad guys but allow us to have an informed bait for the first time since 9/11. -- debate since 9/11. we would like to see the companies fight back against the court orders and challenge them. we would also like to see
what kind of reforms eu imagine the president is talking about he phrases the way it as self-restraint will not be enough. the nsa artie has privacy rules that it violates on a regular basis. it cannot be trusted to police itself. thing that wetant hope will be endorsed is fundamentally changing the statute, the rules so they can no longer collect information on everyday americans and innocent people are not -- who are not suspected of doing anything wrong. government and nsa truly protect us...
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Jun 5, 2013
06/13
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in the china/eu trade spat is over solar panels. the next one may be over wine. tensions are heating up between the two very large partners as they go tit for tat, threatening an all-out trade war. european duties on chinese solar panel imports are set to take effect thursday. today china said it resolutely opposes the tariffs and is launching its own antidumping, antisubsidy probe into eu wines. a lot in trade for both countries is at stake here. china imported some 340 million liters of wine last year, more than two-thirds from the eu. europe, for its part, imported some 21 billion euros worth of solar panels from china in 2011 as a number of their own players exited the market. now, attempts to quell tensions are having a limited effect. facing pressure from a majority of eu states which oppose the levy, the european trade commissioner reduced the tariff rate on solar panels, what he calls a "one-time offer to china," a clear incentive to negotiate, but beijing's response in the form of a retaliation on european wines, that may n
in the china/eu trade spat is over solar panels. the next one may be over wine. tensions are heating up between the two very large partners as they go tit for tat, threatening an all-out trade war. european duties on chinese solar panel imports are set to take effect thursday. today china said it resolutely opposes the tariffs and is launching its own antidumping, antisubsidy probe into eu wines. a lot in trade for both countries is at stake here. china imported some 340 million liters of wine...
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May 9, 2013
05/13
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CNBC
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despite that monthly bulletin, eu euro/dollar went to a session high. it did knock equity markets down to a session low. >>> and an italian appeals court upheld the conviction of sylvia berlusconi on tax charges related to its company media set. the conviction comes at a four-year jail term and raises the possibility he could be banned from holding public office. what we want to know is is the party finally over for berlusconi or can he once again make a comeback? i presume he can have a -- whenever he likes. e-mail us, worldwide -- i think we're talking figuratively. worldwide@cnbc.com. tweet as cnbcwex or direct to me, @rosswestgate. if you want to tweet kelly, that's fine. she's not here, she's gone back to the states. but tweet her, as well. >>> the consumer electronics giant posted a net profit of $950 million and forecast another profit for this year. the earner from the nikkei has the story. more details from tokyo. hi, yukako. >> hi, ross. soapny saw a net profit of 43 billion yen crawling back into the black for the first time in five years. th
despite that monthly bulletin, eu euro/dollar went to a session high. it did knock equity markets down to a session low. >>> and an italian appeals court upheld the conviction of sylvia berlusconi on tax charges related to its company media set. the conviction comes at a four-year jail term and raises the possibility he could be banned from holding public office. what we want to know is is the party finally over for berlusconi or can he once again make a comeback? i presume he can have...
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122
Sep 26, 2013
09/13
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CNBC
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also the eu trade agreement with the u.s. would make a real contribution to strengthening the growth potential in europe. now, keep your thoughts coming on all of that. if you have any thoughts of comments, e-mail us. as we head towards the second hour of "worldwide exchange," european equities today touched softer, that ftse mib is down more than others. down 2%. we have more comments coming out suggesting that if there's another tax that goes through that they don't like, they may threaten to withdraw support from the coligsz. maria was speaking to the italian prime minister yesterday. got some interesting comments there. and the xetra dax is just down .25%. we've had five days of losses, of course, for the s&p and the dow. >> the most all year, right? >> yeah. >> still lots to come on this show. stay with us. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time.
also the eu trade agreement with the u.s. would make a real contribution to strengthening the growth potential in europe. now, keep your thoughts coming on all of that. if you have any thoughts of comments, e-mail us. as we head towards the second hour of "worldwide exchange," european equities today touched softer, that ftse mib is down more than others. down 2%. we have more comments coming out suggesting that if there's another tax that goes through that they don't like, they may...
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Dec 19, 2013
12/13
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doesn't oppose an association agreement with the eu. that may be ukraine's best hope. >>> meanwhile, coming up on the show, from india to indonesia, we'll find out how the emerging markets are reacting to the federal reserve's decision to start tapering its bond buying program. we'll get the latest from singapore. as we've been saying, vladimir putin holding its annual year-end news conference. we'll find out what's wind the kremlin's deal for kiev as eu protests continue in the ukrainian capital. that's at 10:30. also, for oracle, says it's prepared to take on the likes of amazon and rack space. it's made its first beat in three quarters. we'll have the latest analysis. >>> and spain plans to sell 3 billion euros in bonds this morning. if that's not enough, could new regulation send ecigarettes up in smoke? we'll talk to the ceo of vapor corp. we'll be back after this short break. ya know, with new fedex one rate you can fill that box and pay one flat rate. how naughty was he? oh boy... [ male announcer ] fedex one rate. simple, flat r
doesn't oppose an association agreement with the eu. that may be ukraine's best hope. >>> meanwhile, coming up on the show, from india to indonesia, we'll find out how the emerging markets are reacting to the federal reserve's decision to start tapering its bond buying program. we'll get the latest from singapore. as we've been saying, vladimir putin holding its annual year-end news conference. we'll find out what's wind the kremlin's deal for kiev as eu protests continue in the...
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Jan 22, 2013
01/13
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they then find a solution presented to brussels and basically present the rest of the eurozone or the eu with a -- do you think this criticism is justified? >> certainly this is a point of criticism that's made outside of germany and france but that's made inside germany and france. some politicians frmt call for widening of the partnerships such as poll left-hand looking towards the east or spain or italy. even more so in the french population. there's a call of widening this partnership. as i've said, france and germany often do have contradictory policy positions. so other countries can really find themselves within these positions, i think. so at the end of the day, it's not so much i think a question of content, but rather a question of style. so what germany and france need to make sure is that they do show leadership, as i've said, to their political and economic weight, but they do find the balance between leadership and dominance because surely dominance is not what either of the two countries or any country in europe would want. >> lead but don't -- >> back to you. >> thank you
they then find a solution presented to brussels and basically present the rest of the eurozone or the eu with a -- do you think this criticism is justified? >> certainly this is a point of criticism that's made outside of germany and france but that's made inside germany and france. some politicians frmt call for widening of the partnerships such as poll left-hand looking towards the east or spain or italy. even more so in the french population. there's a call of widening this...
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Nov 5, 2013
11/13
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but let's just talk about the eu said today. they're expecting 1% growth next year. where do the multinationals that we invest here in the u.s. get a disproportionate amount of their sales? from europe. we're in a slow-growth environment at the five years into this unprecedented easing. >> let's not underestimate the risks that are out there. >> right. >> and there are some. however, it brings me back to the "don't fight the tape, don't fight the fed," and whether those two notions are more powerful than anything else that can be seen at the moment by investors. >> of course, it is. it's a massive sea of liquidity, the cost of capital, the companies, it continues to work in their favor. commodity costs are moving lower. let's not make the mistake of thinking that euphoria -- euphoria implies the end of this five-year bull market. let's not make that mistake. potentially, a correction is ahead of us, yes. but what is on the other side of the correction, i think opportunity. >> don't beat the ecbi either. mario dragi, the inflation ticked down. it's close to disinflati
but let's just talk about the eu said today. they're expecting 1% growth next year. where do the multinationals that we invest here in the u.s. get a disproportionate amount of their sales? from europe. we're in a slow-growth environment at the five years into this unprecedented easing. >> let's not underestimate the risks that are out there. >> right. >> and there are some. however, it brings me back to the "don't fight the tape, don't fight the fed," and whether...
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May 22, 2013
05/13
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that's top of the agenda at an eu leaders summit. the president of the european parliament, martin schulz, told cnbc the current system does need to be fixed. >> there's debate about morality and ethics. let's reform the system to bring back more solidarity, and via more solidarity, more coherence to the society. >>> and fed chairman ben bernanke's off to the hill today with his latest assessment of the u.s. economy. investors will look for any clues of a shift in fed policy. >>> right now we turn our attention to the uk as we get the release of the bank of england minutes from the last meeting. and here we go. ah! 6.3. we kept it at 6.3 for further asset purchase. king fisher miles repeated calls for 5 billion more qe. the minority thought more qe would lift growth and reduce unemployment. the minority thought more qe would speed the normalization of the policy. the minority thought the weakness of rebalancing would push up sterling. they say that the gdp level at the end of the second quarter likely to be 0.7% higher than the febru
that's top of the agenda at an eu leaders summit. the president of the european parliament, martin schulz, told cnbc the current system does need to be fixed. >> there's debate about morality and ethics. let's reform the system to bring back more solidarity, and via more solidarity, more coherence to the society. >>> and fed chairman ben bernanke's off to the hill today with his latest assessment of the u.s. economy. investors will look for any clues of a shift in fed policy....
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Feb 19, 2013
02/13
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. >> new car registrations across the eu slumped to an all-time low in january. >>> government delays its decision on the next bank of japan governor. is this the beginning of a more moderate japanese agenda? >>> and we're live in milan as the italian electoral race enters the final stref. we'll hear just why the mayor will decide to vote. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all right. welcome to today's, a bit of a transport theme going on this morning. >> or lack thereof. >> well, there's bmw, has their recalled. you have to take your one and three series back. >> the thing about the bmw is people have to take them to the special bmw shop, anyway. when you have a recall like this, it's a pretty straightforward process for owners. >> then making a replica of the "titanic." some people are worried they're making it in a chinese shipyard. >> they're pitching this with "titanic" with a twist. some say the twist should be maybe this time it won't sink. >> they are going to do the original sailing route. what happens whe
. >> new car registrations across the eu slumped to an all-time low in january. >>> government delays its decision on the next bank of japan governor. is this the beginning of a more moderate japanese agenda? >>> and we're live in milan as the italian electoral race enters the final stref. we'll hear just why the mayor will decide to vote. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >> all...
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Jun 3, 2013
06/13
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the contracts that they have had with the doj and with the eu comes the commission have been basically nothing. they have really gotten by that. by the end of the day, let the market decide. google was exceptionally innovative. we care about that translating into earnings growth. i don't think that 12% is really all that innovative. >> dan, thank you so much for joining us. >> thank you for having me. >> put that nasty robe on and go downstairs yourself. because a big new york hotel is saying no more room service. >> and don't steal the robe either. they charge you for that. and nearly doubling a price target. [ male announcer ] frequent heartburn? the choice is yours. chalky... not chalky. temporary... 24 hour. lots of tablets... one pill. you decide. prevent acid with prevacid 24hr. it's monday. a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with respons
the contracts that they have had with the doj and with the eu comes the commission have been basically nothing. they have really gotten by that. by the end of the day, let the market decide. google was exceptionally innovative. we care about that translating into earnings growth. i don't think that 12% is really all that innovative. >> dan, thank you so much for joining us. >> thank you for having me. >> put that nasty robe on and go downstairs yourself. because a big new york...
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May 13, 2013
05/13
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CSPAN
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eu, we have a special relationship with the united kingdom. capacitye that our with the united kingdom that is robust, out are looking and engage with the world is hugely important to our own interests as well as the world. the u.k.'s participation is an six itits role in the world. ultimately the people of the u.k. have to make decisions for themselves. that you probably want to see if you can fix what is broken in a very important relationship before you break off. it makes some sense to me. i know david has been very active in seeking some reforms internal to the eu. those are tough negotiations. you had a lot of company -- you have a lot involved. yetong as we have not evaluated how successful those reforms will be. i would be interested in seeing a whether or not those are successful before rendering a final judgment. emphasize these are issues for people of the united kingdom to make a decision about. not ours. i think david said it very well. theou look objectively entire world community has an interest in seeing a syria that is not eng
eu, we have a special relationship with the united kingdom. capacitye that our with the united kingdom that is robust, out are looking and engage with the world is hugely important to our own interests as well as the world. the u.k.'s participation is an six itits role in the world. ultimately the people of the u.k. have to make decisions for themselves. that you probably want to see if you can fix what is broken in a very important relationship before you break off. it makes some sense to me....
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Dec 3, 2013
12/13
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now, the eu, of course, is china's biggest trading partner. so china is well positioned to sign a deal with the eu and the uk sees itself as a very effective booker. and that's why david cameron is trying to leverage that to build better relationship with a riding china. >> andrew, always good to talk to you. thanks for that. have a good evening in hong kong, andrew leung. >>> the world trade organization is kicking off its meeting today. it will center on efforts to salvage a proposal for a landmark impact more than a decade ago. what's at stake in this key conference? >> the world trade organization's dohar round turned 12 this year. but years of setbacks have eroded confidence in the wto. now the body has given up on ever passing the deal in its original form, opting for a watered down version instead. some say it is now bahli or bust for the global trade organization. but the wto's new chief, roberto asavito, who took over in september is determined to push the new dohar plan forward. >> the world will not wait for the wto indefinitely. it
now, the eu, of course, is china's biggest trading partner. so china is well positioned to sign a deal with the eu and the uk sees itself as a very effective booker. and that's why david cameron is trying to leverage that to build better relationship with a riding china. >> andrew, always good to talk to you. thanks for that. have a good evening in hong kong, andrew leung. >>> the world trade organization is kicking off its meeting today. it will center on efforts to salvage a...
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Feb 26, 2013
02/13
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i'd love to know what they're going to say bearing in mind that they're not exactly pro eu parliament. so that will be fascinating, won't it? let's face it, anti-austerity was the theme of this. bearing in mind, we've got 50% of voters coming around to say grillo or berlusconi, we don't want aus tearpy. anyway, the bill fall guy in this election was the prime minister, the technocrat who ran, marto monte. let's hear what he's been saying in the aftermath of these electoral disaster. >> translator: it's still too early to consider any solution, nor does it rest upon me to find one. but right now, i consider it is essential that there's maximum transparency between the political forces because we're all faced with a very serious responsibility. the government must ensure responsibility for the entire country. >> okay. so more analysis. alana fred reeko joins us now. you've had a big meeting today already, loradonna. you shook my hand. lovely. thank you. no one else did today. what did you guys decide is the way forward? >> following the outcome of the italian election, the situation loo
i'd love to know what they're going to say bearing in mind that they're not exactly pro eu parliament. so that will be fascinating, won't it? let's face it, anti-austerity was the theme of this. bearing in mind, we've got 50% of voters coming around to say grillo or berlusconi, we don't want aus tearpy. anyway, the bill fall guy in this election was the prime minister, the technocrat who ran, marto monte. let's hear what he's been saying in the aftermath of these electoral disaster. >>...
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Mar 22, 2013
03/13
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it's an issue for cypress and the eu. i thought that was quite extraordinary given the stance they made earlier in the week about wanting to be involved. i think their bluff has been called certainly. and what i think was really the key, it was not that the russians had anything to help in a meaningful way but i wanted to be included in debates. as we all know the russian interests in cyprus are absolutely enormous. >> steve, thank you. sounds like a big game of chicken. we'll watch how things play out into monday. by the way, it is friday. it's time to talk the friday trade. oil and currencies. kevin kerr is president of kerr trading financial. and brown brothers hair man. mark, have you been surprised? >> i'm surprised just by the euro's resilience. people were thinking there could be a run on european banks which hasn't taken place. a loss of confidence. but it has been trading in fairly tight trading ranges. it has been resilient this week. italy still without a tpo government. >> how do you position yourself? >> mond
it's an issue for cypress and the eu. i thought that was quite extraordinary given the stance they made earlier in the week about wanting to be involved. i think their bluff has been called certainly. and what i think was really the key, it was not that the russians had anything to help in a meaningful way but i wanted to be included in debates. as we all know the russian interests in cyprus are absolutely enormous. >> steve, thank you. sounds like a big game of chicken. we'll watch how...
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Apr 25, 2013
04/13
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that said there are clearly issues that the market seems to manage to migrate around, specifically eu and slow down in china and certainly not the most encouraging data in terms of employment. this week clearly underscores that. technology, basic materials and telecom are all leading the charge today and many of those sectors are seeing earnings releases that supports some enthusiasm. and the potential for significant price improvement given the guidance. >> when you dig into the earnings and bob has been beating the drum about this one. guess what? a majority are actually coming up short on revenues which is telling a completely different story. >> that's a great, great point. a lot of what we have seen has been positive in terms of dumbed down or reduced earnings. revenue remains a concern. revenue growth has larngly approximate been absent relative to the strength in earnings. that's a concern. and it's really a concern because it goes back to the broader story that we have talked about. and failing ignition of credit demand that the fed has been trying so, so hard to engage in. >>
that said there are clearly issues that the market seems to manage to migrate around, specifically eu and slow down in china and certainly not the most encouraging data in terms of employment. this week clearly underscores that. technology, basic materials and telecom are all leading the charge today and many of those sectors are seeing earnings releases that supports some enthusiasm. and the potential for significant price improvement given the guidance. >> when you dig into the earnings...
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Aug 17, 2013
08/13
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FBC
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the eu said this. to sort of elevating. but to you first. >> so much show that the afl-cio has said the rear in a crisis. also move to a unionized restaurants. nonprofits. if he feels he has to reach out to unionized organizations like the sierra club and the naacp, we are in a new world for unions neil: that would be like a double jeopardy. what to you think? >> having a death battle here. of course. neil: a big element of surprise. >> i'm happy to fight. you know that. but yes, they are in trouble. you'll wake up as a country and find out the workers don't have the right to organize in a more. the still wears off. is no mistaking which direction were going. by the way some of this needed to happen. the unions did all sorts of nasty things and not too powerful. it's clear to me that the pendulum swing too far. neil: the pendulum always swings back. >> and another thing to a dead. the as been cut in half, but some of the unions are going out of their room and saying things like we don't like obamacare. we don't like what it
the eu said this. to sort of elevating. but to you first. >> so much show that the afl-cio has said the rear in a crisis. also move to a unionized restaurants. nonprofits. if he feels he has to reach out to unionized organizations like the sierra club and the naacp, we are in a new world for unions neil: that would be like a double jeopardy. what to you think? >> having a death battle here. of course. neil: a big element of surprise. >> i'm happy to fight. you know that. but...
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Jun 4, 2013
06/13
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so the economies in the eu and asia that they have done best. going back to 2009, the emerges markets have underperformed massively, and i think that if quaint at a timive easing starts being taken over the table, the real alpha will be in the emerging -- >> you know, japan has been an incredible run, but nonetheless i think about 18% below its recent high. would you get in now? those printing presses are chunking oat yen at a very fast rate these days. >> i do think this tail wind to this policy that abe has in place. i think you have to have a very strong stomach to be in that space. i think they continue to be a global leader in terms of equity index performance, but again it's all relatively. >> peter, before you go, you said something very important, alpha is in the emerging space. where would you go? name a country. >> asia, vietnam. >> that's not a country. >> vietnam is, though. asia, india, these are enormous opportunities. >> thank you. appreciate that. i jumped the gun on the whole asia is not a country thing. thank you broth very muc
so the economies in the eu and asia that they have done best. going back to 2009, the emerges markets have underperformed massively, and i think that if quaint at a timive easing starts being taken over the table, the real alpha will be in the emerging -- >> you know, japan has been an incredible run, but nonetheless i think about 18% below its recent high. would you get in now? those printing presses are chunking oat yen at a very fast rate these days. >> i do think this tail wind...
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Feb 1, 2013
02/13
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next is the eu settlement. they sent their proposals to the eu so now that's going to be another tail wind for them versus the head winds they've seen waiting on those settlement issues. >> you can grab that guy grasso and we can arrange a little something. rumor has it that happens from time to time. >> i know where he is. one of my friends just threw him down the stairs. the camera couldn't turn in time. >> steven, sitting right to my right, weis, complaining you're cutting into his air time. >> exactly right. >> grasso, have a good weekend. catch you next week. >> enjoy yourselves. >> interesting buy that he made on goog right? a big cap tech. >> and a lot of guts because it is within 50 cents. it got within 50 cents today of the all time high. october 5th, 774.38. we got up within that much of it today. i hope that steven and the rest of the longs and goog get to enjoy the ride. >> it is so interesting there was a time where you thought that apple and google would make this tandem climb higher and then goog
next is the eu settlement. they sent their proposals to the eu so now that's going to be another tail wind for them versus the head winds they've seen waiting on those settlement issues. >> you can grab that guy grasso and we can arrange a little something. rumor has it that happens from time to time. >> i know where he is. one of my friends just threw him down the stairs. the camera couldn't turn in time. >> steven, sitting right to my right, weis, complaining you're cutting...
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Feb 14, 2013
02/13
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they are sending it to the eu. they sent it late yesterday. eleven countries are moving to the tobin tax. it is a 0.1% tax that would hit your 401(k)s. it is a blistering letter. you have to stop this tobin packs and it tracks. it will increase trading costs. it will diminish liquidity. it is a job killer. they also say they did not want a similar type of tax because it will kill jobs. the eu right now is in depression. it is in serious need of revenue. it will violate international treaties. they are worried about treaty protection. also, the big and run that is being talked about at the eu is that traders that assess this tax and do the trades outside that zone, those companies will not be allowed to do any trade transactions with those 11 countries whatsoever. this is serious breaking news for investors all over the world. connell: this would hit regular investors. liz: yes, if they have international investors. this would be collected from investors around the world. it is basically an overreach. that is what they are upset about. they are
they are sending it to the eu. they sent it late yesterday. eleven countries are moving to the tobin tax. it is a 0.1% tax that would hit your 401(k)s. it is a blistering letter. you have to stop this tobin packs and it tracks. it will increase trading costs. it will diminish liquidity. it is a job killer. they also say they did not want a similar type of tax because it will kill jobs. the eu right now is in depression. it is in serious need of revenue. it will violate international treaties....
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Mar 4, 2013
03/13
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they are still waiting for the eu to do the same thing. >> generally, guys like apple and facebook et cetera, have not really had much traction deviating or taking, you know, traffic from google and from search. and yet this is still a company that has grown 15 or 20% on a core business about ten years old and generating margin of 45% of 50%. that's what is going on. >> to play the devil's advocate here, when you say buy the stock already at an all-time high, it makes me nervous. you don't want to to be the guy that says, i brought the stock to all-time high. like i pa bought it last september and look at it now. >> this is not an exact science, right? and that said, we were pounding the table on it way below 700. and we've increased our price target to 900 after the reported what was a very good quarter. we're not just raising estimates or the sake of raising estimate. what we are saying is 18 times pe which is more like 15 when you take out the cash, that's more in line with s&p 500. this is still a growth stock. so you know, at some point it is not going to be a, you know, table po
they are still waiting for the eu to do the same thing. >> generally, guys like apple and facebook et cetera, have not really had much traction deviating or taking, you know, traffic from google and from search. and yet this is still a company that has grown 15 or 20% on a core business about ten years old and generating margin of 45% of 50%. that's what is going on. >> to play the devil's advocate here, when you say buy the stock already at an all-time high, it makes me nervous....
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Oct 20, 2013
10/13
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KRON
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management and we spoke with -- president 1555 and we did also speak with one of the management of the s c i eu, 1021 at lake merritt. she is participating in the remembrances of the two workers that were killed. she is likely also going to bring the latest bart management negotiations to her side. still however, no deal. reporting live, phillipe djegal, kron 4 news. >> as a reminder, there are still weekend transit operations availableif you're heading into san francisco - bart will offer limited charter bus trips. they'll be from these 9 bartrunning from 6 to 9 in the morning.and then again from 3pm to 6 pm. also - a-c transit will run many of its regular saturday bus lines - twice as frequently. as for ferry service - it starts just before 8 a-m but won't run as frequently as it did friday. ferries only run between oakland and san francisco - and vallejo and san francisco, with limited rides. for more detailed travel schedules. visit kron 4.com. >> we're now taking a closer look at some of the reasons behind this bart strike. safety and health issues! kron 4's justine waldman gives us a tour
management and we spoke with -- president 1555 and we did also speak with one of the management of the s c i eu, 1021 at lake merritt. she is participating in the remembrances of the two workers that were killed. she is likely also going to bring the latest bart management negotiations to her side. still however, no deal. reporting live, phillipe djegal, kron 4 news. >> as a reminder, there are still weekend transit operations availableif you're heading into san francisco - bart will...
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Dec 23, 2013
12/13
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BLOOMBERG
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some has a yet outwitted the eu. the winter home ethics is a few weeks away. -- the winter olympics are a few weeks away. >> he has been a inverse of obama. he is unchallenged. he can do what he wants domestically. nobody to check out. abroad, all of his plays have worked. if you look in syria, he got in the deal he wanted. he is doing tremendously. the question is there is if it is from playing a weekend strongly or see generally in a strong position? i think it's a former. if you look at syria and the chemical weapons, that was a deal he made because headed the u.s. struck, there was nothing he could do. he would be standing by and his client was struck and he did not know if his client would be able to survive in that. it is very important to him to make a not happen and he succeeded. not necessarily from a position of strength. >> thank you, marc. highlights ofc 2013 stop which restaurant to look out for next year. the chief food critic. good morning, richard. up 2013. the year for restaurants. >> a great year. t
some has a yet outwitted the eu. the winter home ethics is a few weeks away. -- the winter olympics are a few weeks away. >> he has been a inverse of obama. he is unchallenged. he can do what he wants domestically. nobody to check out. abroad, all of his plays have worked. if you look in syria, he got in the deal he wanted. he is doing tremendously. the question is there is if it is from playing a weekend strongly or see generally in a strong position? i think it's a former. if you look...
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May 21, 2013
05/13
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it may just mean that authorities in the eu are working with these companies to try and get a better gauge of how the price setting in the fuel markets actually works. and these are some of the biggest inside traders in the world. that may give regulators a better idea of how the manipulation of the energy prices would have worked. this comes last week because they're suspected of having manipulated prices for at least a decade. also under investigation is the price index firm called prats. this is the company that puts together those fuel price owes a daily basis and all of those companies have said that they're working with authorities. the fines could be pretty hefty. they say there could be jail sentences for some of these executives. >> carolin, thanks for that. advance e advancers versus decliners, outpacing. the ftse 100 up at the best levels of this year. we're not far away from the all-time high. 6,930 for the ftse. the xetra dax closed at a fresh high, 8445. just below it at the moment. the cac 40 off 0.2% and the ftse mib off 0.3%, as well. we've got cpi numbers coming out
it may just mean that authorities in the eu are working with these companies to try and get a better gauge of how the price setting in the fuel markets actually works. and these are some of the biggest inside traders in the world. that may give regulators a better idea of how the manipulation of the energy prices would have worked. this comes last week because they're suspected of having manipulated prices for at least a decade. also under investigation is the price index firm called prats....
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Jun 3, 2013
06/13
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and what's next in the eu/china solar panel spat? our guest at 10:45 is the vice president of the german company solar world. he says act now or china will drive his company out of business. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] >>> myanmar is hoping its first international gathering of leaders later this week when the economic forum in east asia gets under
and what's next in the eu/china solar panel spat? our guest at 10:45 is the vice president of the german company solar world. he says act now or china will drive his company out of business. we went out and asked people a simple question: how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing that hasn't changed:...
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Mar 4, 2013
03/13
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ireland, when they went through their financial crisis two years ago, did everything the eu asked them, did all the austerity. they took the pain. and what's happening with the e irish economy? they have lower interest rates than spain and italy. they went through all the pain that spain and italy refused to go through, and they're coming out the other side with stable unemployment high but stable not getting worse. and an economy that's doing better. >> i have two words for your assessment of ireland. eaton corp. do you remember where they announced they were going to move to? >> ireland. >> unrealized profits by the shareholders will have to pay taxes. now, what happens if many companies do this? now, i know that it's very shameful to do things for tax purposes. although it seems though everybody that was opposed to it jumped on the bandwagon as we approached the fiscal cliff. we even have a treasury secretary that was involved in many of those same issues. why do we have anybody in washington who's pushing corporations like eaton corp away to avoid what they look at as a rat's nest
ireland, when they went through their financial crisis two years ago, did everything the eu asked them, did all the austerity. they took the pain. and what's happening with the e irish economy? they have lower interest rates than spain and italy. they went through all the pain that spain and italy refused to go through, and they're coming out the other side with stable unemployment high but stable not getting worse. and an economy that's doing better. >> i have two words for your...
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Mar 25, 2013
03/13
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members or less eu members? >> eu or euro? >> let's go euro members. >> i think oddly there might be a couple more. some of the more hard car or still keen to get into some club. but without any huge confidence i would harbor guess a couple of these guys might. if not they will be very close. >> so no one is going to leave. >> i want to go back to all the money that should be rushing out of the banks. >> you mean in cyprus? >> no. if you're corporate, money in french bank, italian bank, a bank in portugal. do you say, okay, let's rethink what we're doing here? >> you're going to have to. as it happens i personally have a small investment just a year ago in a greek-based online insurance company business. and they have luckily only a sphal part of cash. so they're getting whacked on it. having listened to these guys when i saw them last week they're certainly going to be thinking about these kind of issues. and any corporate with business exposure all around europe is going to be having -- your audit committee wo
members or less eu members? >> eu or euro? >> let's go euro members. >> i think oddly there might be a couple more. some of the more hard car or still keen to get into some club. but without any huge confidence i would harbor guess a couple of these guys might. if not they will be very close. >> so no one is going to leave. >> i want to go back to all the money that should be rushing out of the banks. >> you mean in cyprus? >> no. if you're corporate,...
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Feb 11, 2013
02/13
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we have the eu rising starts, the outstanding british film. but in the major categories, clearly people do look to the bafta the way same they would look to the gloelden gloep globes to see how things were going. "argo" is seen by everybody as a pack leader. there is a strange absence there on best director. whoever wins best director will be remembered as having won in the year that the most significant contender wasn't nominated. >> why isn't he nominated? >> who knows. who knows. i think we got it right, but who knows why he wasn't. one reason is because what they've done with the oscars now is increased the best film from five up to ten. now you have i think it's nine nominations this year. of course you're going to get a mismatch because there aren't the same number of films that there were directed. >> mark, good to see you. thanks so much, indeed. >> thanks for coming by. >> always a very good turn out, as well. >> i still think silver linings with a different name would have done so well. >>> anyway, the clearing up is occurring after
we have the eu rising starts, the outstanding british film. but in the major categories, clearly people do look to the bafta the way same they would look to the gloelden gloep globes to see how things were going. "argo" is seen by everybody as a pack leader. there is a strange absence there on best director. whoever wins best director will be remembered as having won in the year that the most significant contender wasn't nominated. >> why isn't he nominated? >> who knows....
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100
Jul 19, 2013
07/13
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they mentioned the eu, european union positive, huh, really? china was picking up. they increased the low end of the guidance and really basically whirlpool did the same thing. we promise you, folks, things are going to improve in the second half of the year and the market buys into that. this is a very, very old story. finally i just want to note here in terms of investor enthusiasm, the public enthusiasm. money keeps going into bond funds. bond mutual funds. remember, he had four years of outflows. beginning in january we've had inflows, and this week we had 3.75 billion inflows into stock mutual funds. sue, that is the 28th straight week of inflows, and the largest we've seen since early january, so, you know, is the public back? they don't care? well, they had been caring this year and we've seen real notable ones. bond funds also had inflows. not getting a rotation but just getting money back into the markets. >> very good point, bob. thank you very much. some trouble in tech land with google and microsoft today. that's been weighing on the nasdaq, and bertha c
they mentioned the eu, european union positive, huh, really? china was picking up. they increased the low end of the guidance and really basically whirlpool did the same thing. we promise you, folks, things are going to improve in the second half of the year and the market buys into that. this is a very, very old story. finally i just want to note here in terms of investor enthusiasm, the public enthusiasm. money keeps going into bond funds. bond mutual funds. remember, he had four years of...
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30
May 16, 2013
05/13
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as the united states pursues new trade and investment partnership with a eu, i want to make sure we deepen our ties with turkey, so we're creating a new, high level committee that will increase investment between our two countries and will help fuel turkish innovation and the progress turkey's economy has made over the last several years i think has been remarkable and the prime minister deserves much credit for some of the reforms that already have. >> second as allies, we are reaffirming our commitment to mutual security. as prescriime minister on behal the american people, i want to express our condolences on the outrageous bombings that took place. as always, the united states stands with you. we want to thank you in the cooperation you provided us. i want to commend you for your courage in seeking a peaceful resolution that has plagued turkey for so long. we will support efforts in turkey to uphold the rule of law and good governance and human rights for all. finally we spend a great deal of time on an issue that has racked the region, the issue of syria. the turkish people have exten
as the united states pursues new trade and investment partnership with a eu, i want to make sure we deepen our ties with turkey, so we're creating a new, high level committee that will increase investment between our two countries and will help fuel turkish innovation and the progress turkey's economy has made over the last several years i think has been remarkable and the prime minister deserves much credit for some of the reforms that already have. >> second as allies, we are...
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39
Mar 19, 2013
03/13
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CNBC
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" without a viable alternative was going to send a bad message to the markets, a bad message to the eu and going to be potentially catastrophic, he felt, for cyprus. so at this point it looks like it may be carried as a "no" vote and we also want to update you on -- sources have told cnbc, a second source has confirmed that the finance minister did offer -- tendered his resignati resignation but it was rejected by the president of the cyprus. >> to recap, 36 against, 19 abstaining. no word yet on anybody voting for this new bank tax. but as bertha said, the situation inside cyprus very fluid. >> in the meantime, gold catching a bid there and you've got the euro pushing further to the downside. >> the problem is, with flight to safety, america's airports stink. so it's going to get harder. >> we may need a hearing on america's crumbling roads and bridges because a new report gives our infrastructure a d plus. it may not be an f but it sure isn't good. if that doesn't worry you, maybe this will. there are more than 67,000 bridges. classified as structurally deficient in america. pennsylv
" without a viable alternative was going to send a bad message to the markets, a bad message to the eu and going to be potentially catastrophic, he felt, for cyprus. so at this point it looks like it may be carried as a "no" vote and we also want to update you on -- sources have told cnbc, a second source has confirmed that the finance minister did offer -- tendered his resignati resignation but it was rejected by the president of the cyprus. >> to recap, 36 against, 19...
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82
Jun 21, 2013
06/13
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solar panels has become much less of a problem ever since china got embroiled in a dispute with the eu and the chinese solar companies started folding. i don't want to go near this one, no, i don't want you to go near first solar now. i think we missed the move. we can price 9.7 million shares at $46 apiece. no institution no matter how desperate can move it back above the $46 level. not now. all these new shares flooding the market. if market below 32. every attempt to mark this up on wall street will be met by selling, by defeated co-shareholders. so at this point i'd stay run of the made the money of the made, we need now to made until the next quarter to see if first solar can maintain the momentum. coming in second, advanced microdevices amd, it's tied to making processors for the personal computer business might be on its death bed. i was worried. i hated amd too far down. given the massive debt load and lack of profitability, there was a concern whether it was on its death door. amd announced they were launching the sony play station. that's been a total game changer. revenues f
solar panels has become much less of a problem ever since china got embroiled in a dispute with the eu and the chinese solar companies started folding. i don't want to go near this one, no, i don't want you to go near first solar now. i think we missed the move. we can price 9.7 million shares at $46 apiece. no institution no matter how desperate can move it back above the $46 level. not now. all these new shares flooding the market. if market below 32. every attempt to mark this up on wall...
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78
Jan 30, 2013
01/13
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FBC
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third type of policy stems from the ecb and the eu, continuing their level of support and their level of fiscal austerity with the content of europe. that hasn't affected u.s. in some months here but could come back later in 2013. liz: you're advising stay away from u.s. treasurys. go toward corporates. guide us. there is aaa. there is double b, b-plus, b-minus. i don't think it goes down to f. let's get to where you find the parameters and what you like within those parameters. >> right. so the key here is all those policies i talked about a minute ago. what they do, they affect the level of interest rates. they don't have a great impact on corporate health in particular. and so, as a result, when we look at corporations and municipalities, there are sort of internal health, fundamental health is doing quite well. liz: are you okay with junk here? >> guide people, are you okay with junk or do you like to stay within a certain level or above a certain level? >> well, our favorite areas of the bond market is the credit markets right now are bbb investment grade corporates and double b,
third type of policy stems from the ecb and the eu, continuing their level of support and their level of fiscal austerity with the content of europe. that hasn't affected u.s. in some months here but could come back later in 2013. liz: you're advising stay away from u.s. treasurys. go toward corporates. guide us. there is aaa. there is double b, b-plus, b-minus. i don't think it goes down to f. let's get to where you find the parameters and what you like within those parameters. >> right....